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china's a great growth opportunity as you saw for us. looking at brazil and other countries like that, and the u.s. market also is a good market so, you know, don't count out the u.s., so we're here. we've got to figure out some of the issues with product which we have. peter hancock has done an excellent job of bringing risk management into the u.s. marketplace so we're pretty comfortable we'll see growth around the world, and the economies so far have not really dramatically affected our business. >> bob benmosche, nice to have you on the program. >> thanks you. >> president and ceo of aing a. >>> up next, bob pisani and up next a u.s. executive calls french executives lazy. how about that. this is real, folks. he's got up in a public battle with the french. stay with us. you won't want to miss that. ss? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that
china's a great growth opportunity as you saw for us. looking at brazil and other countries like that, and the u.s. market also is a good market so, you know, don't count out the u.s., so we're here. we've got to figure out some of the issues with product which we have. peter hancock has done an excellent job of bringing risk management into the u.s. marketplace so we're pretty comfortable we'll see growth around the world, and the economies so far have not really dramatically affected our...
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Feb 21, 2013
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now the whole issue of cyber attacks from china. i have never seen so much public conversation about this. there's the new report that suggested for the first time that it was not just china generically, but china and this particular unit, an elite unit, of the military. >> what we've seen over the past two weeks is really an explosion of press around the cyber security issue, and i frankly think that's a very good thing because what people on the inside and people in corporate america have seen over the past couple of years is an absolute explosion of theft the u.s. corporate secrets and intellectual property by the chinese made public, as you said, this week, at least some of that by the people's liberation army. what some in the u.s. intelligence community have termed the largest transfer of wealth many history as the chinese have taken the sensitive economic secrets from the u.s. and then put them to use for chinese economic purposes. that has -- those reports along with presidential activity and the issuing of the executive ord
now the whole issue of cyber attacks from china. i have never seen so much public conversation about this. there's the new report that suggested for the first time that it was not just china generically, but china and this particular unit, an elite unit, of the military. >> what we've seen over the past two weeks is really an explosion of press around the cyber security issue, and i frankly think that's a very good thing because what people on the inside and people in corporate america...
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Feb 21, 2013
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here is how one security professional sees what is going on between china and the united states right now saying quote, if the chinese government flew planes into our air space our tphra*eupbs would excourt them away. if it happened two or three times the president would be on the phone and there would be threats of retaliation. this is happening thousands of times a day. there needs to be some definition of where the red line is and what the repercussions would be. we have the co-founder and chief technology officer at crowd strike, it's a cyber security firm. one of your colleagues made that comment. you use this as an explanation around the office to really describe what is going on out there. how bad is it, really when it comes to cyber threat and cyber security issues? >> well, jenna, i'm pleased to be with you. our networks of dar under relentless attack from a number of adversaries, china is the most prolific adversary. they are stealing the bed and birth of our economy, our trade negotiations. and they are leveraging that to compete in a global marketplace. we are lose be jobs
here is how one security professional sees what is going on between china and the united states right now saying quote, if the chinese government flew planes into our air space our tphra*eupbs would excourt them away. if it happened two or three times the president would be on the phone and there would be threats of retaliation. this is happening thousands of times a day. there needs to be some definition of where the red line is and what the repercussions would be. we have the co-founder and...
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Feb 21, 2013
02/13
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FBC
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china led or inspired, but it leads me to this. how the heck do you get in defense contractors? because i would imagine that they have a couple of concerns. >> they almost make it look easy. but the fact is it's not about firewalls. you can have the best firewalls in the world, but when it comes down to it, the weakest link in any organization is a human being. this group that we tied back, those guys are really masters, not just in computer hacking, but the art of engineering. it is very elaborate, well thought out. it looks like they come from up here, organizations that you know, people that you know or a anybody you know from the gym. neil: obviously warnings must go out. if you are getting an e-mail that appears to be coming from a colleague or a source or a friend or what have you, at the very least that freezes them. in and of itself, it compromises our defense the way, doesn't? >> you cannot be too careful. the bottom line is that we all have human beings or their organizations. and we all have sensitive types of e-mails. b
china led or inspired, but it leads me to this. how the heck do you get in defense contractors? because i would imagine that they have a couple of concerns. >> they almost make it look easy. but the fact is it's not about firewalls. you can have the best firewalls in the world, but when it comes down to it, the weakest link in any organization is a human being. this group that we tied back, those guys are really masters, not just in computer hacking, but the art of engineering. it is very...
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Feb 21, 2013
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concerns china and japan. this is almost the same, keeping a check on the rising china. >> containing china is not in our means. there is a finite security problem, the island dispute where both sides have been more robust, shall we say, in pursuing the claims as japan buys the islands and china by swarming the waters with paramilitary units, much more aggrressive in the rules of engagement. the prime minister will not a reaffiremd commitment if china shows force. it is a delicate balancing act and the prime minister wants the president to be forthcoming. >> will north korea come up tomorrow? >> they tested a third device, with a yield close to what destroyed hiroshima. what japan will be concerned about. the long-range missile couldn't carry a payload, but they have a payload that could make it to japan. >> to the secrets of the ocean. some of their mystery is unlocked as scientists discovered the deepest yet hydrothermal vents. the wildlife they support is amazing. this was found by the british r.s.s. david
concerns china and japan. this is almost the same, keeping a check on the rising china. >> containing china is not in our means. there is a finite security problem, the island dispute where both sides have been more robust, shall we say, in pursuing the claims as japan buys the islands and china by swarming the waters with paramilitary units, much more aggrressive in the rules of engagement. the prime minister will not a reaffiremd commitment if china shows force. it is a delicate...
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Feb 21, 2013
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what's different about china is the scope. like in our report, the 141 victims, we're just a small company. 300 people. and yet we had visibility and 141 vices across the 20 -- victims across the 20 industries. literally thousands of thousands of files of drawings and plans and r&d research leaving these companies. we don't and nor do any of our allies that we know of, hack for the benefit of our economy or for the benefit of the industries within our countries. >> bill: president obama -- i remember -- and bob you -- first year in office, john harwood from cnbc was interviewing him. he said what keeps you up at night. what's the one problem that maybe you hadn't anticipated keeps you up. he said cyber security. i went whoa. i never heard anybody use that word before. so he's been on this and aware of this for a long time. i don't know, dan but the president did put forth a program or a plan or some executive action early on to deal with this. has that had any impact, dan? >> we've seen an escalation in attacks over the last t
what's different about china is the scope. like in our report, the 141 victims, we're just a small company. 300 people. and yet we had visibility and 141 vices across the 20 -- victims across the 20 industries. literally thousands of thousands of files of drawings and plans and r&d research leaving these companies. we don't and nor do any of our allies that we know of, hack for the benefit of our economy or for the benefit of the industries within our countries. >> bill: president...
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Feb 21, 2013
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it's now moving toward the china peninsu peninsula. these temperatures are really high. this is why the storm is intensifying but out toward the north things are very cool. tokyo just at 7 and 2 for the high. lots happening in the north american continent as well. we have a tornado touchdown in california. it's the same system intensifying as it moves toward the united states bringing snow, north of the system. to e about 30 centimeters is likely across the central plains down toward the south. severe weather is likely to ignite. we're talking about large hail, damaging gusts and activity that cannot be ruled out. here across southern quebec, there will be snowfall. los angeles down to 16 degrees. now across the european continue innocent, high pressure covers much of the central regions. we got another atlantic system moving in. it's quiteunstable. talking about italy, we have seen magnificent sight. take a look at this video. a volcano erupted on tuesday night. it's the first big eruption of 2013. thankfully the lava did not affect residential areas there was no need f
it's now moving toward the china peninsu peninsula. these temperatures are really high. this is why the storm is intensifying but out toward the north things are very cool. tokyo just at 7 and 2 for the high. lots happening in the north american continent as well. we have a tornado touchdown in california. it's the same system intensifying as it moves toward the united states bringing snow, north of the system. to e about 30 centimeters is likely across the central plains down toward the south....
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Feb 21, 2013
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. >> remarkable exhibit showcasing the life and legacy of china's first emperor opens tomorrow at the asian art museum in san francisco. it showcases the famous terra cotta warrior statues. here a preview. >> 8,000 terra cotta warriors have been unearthed but this is the only standing general that has been discovered. >> i thought it was interesting looking at faces. they are all different. >> the opening of the exhibit which coincides with the last public appearance before running to china of the counsel general and hopes to strengthen united states and chinese relations and attract more american students to his country. >> how many people from the private sector are enthuse attic about supporting the initiative? >> only a few warriors are visiting the united states, created by artists 2,000 years ago after china's first ever unified the seven warring states and requested a terra cotta army for the after life. there are hundreds of archers but only one with green paint, a military specialist who could, they thought, communicate with the divine. >> a specialists who could predict futu
. >> remarkable exhibit showcasing the life and legacy of china's first emperor opens tomorrow at the asian art museum in san francisco. it showcases the famous terra cotta warrior statues. here a preview. >> 8,000 terra cotta warriors have been unearthed but this is the only standing general that has been discovered. >> i thought it was interesting looking at faces. they are all different. >> the opening of the exhibit which coincides with the last public appearance...
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Feb 21, 2013
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china denies that but when cnn cameras approached the building security guards chased them away. >> drive away drive away, drive away. >> reporter: u.s. officials say cyber hackers each year are stealing $250 billion worth of u.s. trade secrets. now a white house report warned "the pace of economic espionage and trade secret theft is accelerating and jeopardizing our status as the world's leader for innovation and creativity." in response the obama administration is promising to pursue increased diplomatic pressure and tougher every forcement of trade policies. in addition to the justice department will seek more prosecutions for trade thefts. cbs national security analyst juan zarate says that won't be easy. >> it is figuring out who is behind the attack and enforce the law, get your hands on the perpetrators that makes it very difficult in cyberspace to bring these types of cases. >> now it's not at all clear just tougher talk from the white house will do very much to curve cyber theft but critics say it's at least a start because frankly for too long chinese hackers have been stealing
china denies that but when cnn cameras approached the building security guards chased them away. >> drive away drive away, drive away. >> reporter: u.s. officials say cyber hackers each year are stealing $250 billion worth of u.s. trade secrets. now a white house report warned "the pace of economic espionage and trade secret theft is accelerating and jeopardizing our status as the world's leader for innovation and creativity." in response the obama administration is...
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Feb 21, 2013
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another green energy company that it may be going to china. this time it's the maker of the hybrids. fiakar has a $350 million from china. we've been down this road before. if this were to come to pass, lesson? >> the lesson is that crony socialism is bad. that having government pick withins and losers is bad. the lesson is that -- i don't know how many times we need to learn this -- between solyndra and tesla and fisker, that giving taxpayer money to donors -- that's the case here -- with fisker, the ceo there is on president obama's panel on jobs and one of the senior partners in the firm that is the primary firm backing this, is al gore, a senior partner in this firm. the factory they were planning on opening up in delware, joe bideen's state, never opened. the state of delware is stuck with the bills and the place. they're keeping it operating. it used to be a gm plant. they hoped a plan in scandanavia and all the jobs -- we never got the jobs. we gave up $529 million in our money and your money and my money, and this is just another examp
another green energy company that it may be going to china. this time it's the maker of the hybrids. fiakar has a $350 million from china. we've been down this road before. if this were to come to pass, lesson? >> the lesson is that crony socialism is bad. that having government pick withins and losers is bad. the lesson is that -- i don't know how many times we need to learn this -- between solyndra and tesla and fisker, that giving taxpayer money to donors -- that's the case here --...
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on china. it's as dependent as. long as the devices are manufactured in china and they're cheap enough for us to buy so you threw out some statistics earlier and that indicate that china and the us is very dependent but. keep in mind that these devices still have to obey rules to enter operating beyond networks and it would be you know it would be extraordinary for. back doors to be or malware to ship and for no one to notice because of the number of eyes that are looking on on any given device. the want to talk about you know china is a is under the microscope right now are possibly being a cyber threat but they're not the only one involved in online spying are they say no so in order for the for any for any malware or spying to work on any of these on any of these devices right now is let's say it came from china and there was a thread on it it would have to contact machines or or people some somewhere else in the in the world that would be very you know very very quickly discovered the way that you hide that is b
on china. it's as dependent as. long as the devices are manufactured in china and they're cheap enough for us to buy so you threw out some statistics earlier and that indicate that china and the us is very dependent but. keep in mind that these devices still have to obey rules to enter operating beyond networks and it would be you know it would be extraordinary for. back doors to be or malware to ship and for no one to notice because of the number of eyes that are looking on on any given...
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what exactly has china taken, they say everything. they have copied almost everything in washington and we have done almost nothing. >> except that we are probably copying probably everything in their country too. >> so we are coping our stuff back? how dare they. >> but we are selling it, they around. >> but they aren't innovators. so there's nothing really to copy from them. >> well, let's just feel it. that's what ian believes. >> let's do the headlines. >> words with alex baldwin. all right. 27 minutes now before the top of the hour. we have headlines for you. he can't pay his bills, he has no healthcare and now the federal government is adding insult to injury. they are investigating the man who shot and killed osama bin laden. the pentagon is trying to determine if he leaked classified information with an interview with "esquire" magazine. the shooter said that is why the hero decided to break his science and now we move more about their struggle. for that we thank them. by the way, they are still investigating marco win, the sh
what exactly has china taken, they say everything. they have copied almost everything in washington and we have done almost nothing. >> except that we are probably copying probably everything in their country too. >> so we are coping our stuff back? how dare they. >> but we are selling it, they around. >> but they aren't innovators. so there's nothing really to copy from them. >> well, let's just feel it. that's what ian believes. >> let's do the headlines....
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easy to remember. [ laughter ] >> reporter: he was scheduled to return to china today. he spoke with the couple and invited them to come and visit him anytime and he said he would put them up there and serve as their personal guide in china. >> i was waiting for the reward part. had to be something there. more than a note. >> reporter: they said they weren't expecting a reward. made them feel good. >> good for them. thank you for that. >>> facebook and google teaming up now to help you live longer. >> giving millions of kls to scientists to -- dollars to scientists who are working on diseases. >> i think our society needs more heroes, scientists, researchers, engineers. you are doing the amazing work. the thing we could do is build institutions that celebrate and reward and recognize all of the real work you are doing. >> other responsers include google and apple. they raised $30 million for what it is calling the break through prize. >>> coming up a four-year-old saves her sister from a car wreck and that is not even the most incredible part of the story. >> what would
easy to remember. [ laughter ] >> reporter: he was scheduled to return to china today. he spoke with the couple and invited them to come and visit him anytime and he said he would put them up there and serve as their personal guide in china. >> i was waiting for the reward part. had to be something there. more than a note. >> reporter: they said they weren't expecting a reward. made them feel good. >> good for them. thank you for that. >>> facebook and google...
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. >> jimmy: some political news here, there's talk that the white house may fine china for its recent cyber attacks on american companies. [ scattered cheers ] the fine could total in the millions of dollars, which is great because we could really use that money to pay back china. and so that would be -- [ laughter ] -- perfect. [ cheers and applause ] m.c. escher. check this out. today doctors at a hospital in texas live tweeted a baby's delivery. i thought it was weird, they kept using the hashtag #yuck. [ light laughter ] but these doctors, they live tweeted a baby's delivery and even posted some videos of the birth on youtube. most people called it a bit much while kim and kanye called it a great idea. [ laughter ] they might -- guys, this isn't good. a new study found that almost 13 million americans had their identity stolen last year. that's crazy, isn't it, higgins? >> yeah, crazy, man. [ laughter ] get this, guys, in an effort to reduce its debt, the postal service is launching its own line of clothing and accessories. yeah, they come in one size, embarrasses all. [ light lau
. >> jimmy: some political news here, there's talk that the white house may fine china for its recent cyber attacks on american companies. [ scattered cheers ] the fine could total in the millions of dollars, which is great because we could really use that money to pay back china. and so that would be -- [ laughter ] -- perfect. [ cheers and applause ] m.c. escher. check this out. today doctors at a hospital in texas live tweeted a baby's delivery. i thought it was weird, they kept using...
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KGO
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and china. abc7 news reporter alan wang has a preview. >> 8,000 tera cotta warriors have been unearthed, but this is the only general. >> i enjoyed looking at the faces. they are all different. >> tonight was the gala opening of the exhibit that coincides with the last public appearance before returning to china. he hopes the exhibit will strengthen u.s.-chinese relations and attract more american students to his country. >> how many people from the private sector are supporting these initiatives? >> only a few war yes, -- warriors are visiting the u.s. they were created by artists some 2,000 years ago after china's first emperor unified the seven waring states and requested a terra-cotta army for his afterlife. there are hundreds of archers, but only one with green paints on his face. historians believe he was a military specialist who could communicate with divine spirits. >> the other warriors are specialists that are for the future of the battle. >> if you went to china to see the actual dig
and china. abc7 news reporter alan wang has a preview. >> 8,000 tera cotta warriors have been unearthed, but this is the only general. >> i enjoyed looking at the faces. they are all different. >> tonight was the gala opening of the exhibit that coincides with the last public appearance before returning to china. he hopes the exhibit will strengthen u.s.-chinese relations and attract more american students to his country. >> how many people from the private sector are...
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Feb 21, 2013
02/13
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and we see a lot of oil going from at least china to west africa to china. and that more than outweighs the reduced import into the united states. >> okay. at what point -- >> i had the positive outlook now. >> okay. at the same time, you had to cut the dividend, the stock has not done well, the group has not done well. your stock is part of a group. at what point -- you've got some numbers in your release about how maybe there's not going to be as many ships being made, but at what point do you have to say, look, our business is going to be bad for the duration, it's not coming together. >> it is coming together now. i have personally invested many, many millions in the company. >> oh. >> and recently, and that shows that i -- i put the money where the mouth is, you know. >> you had to cut the dividend. >> yes, but that is a kind of allocation in the direction of new buildings. >> okay. >> we wish to expand and instead of giving the money back to shareholders, we will buy new ships and increase capacity. >> but you have been buying ships all the way down. >
and we see a lot of oil going from at least china to west africa to china. and that more than outweighs the reduced import into the united states. >> okay. at what point -- >> i had the positive outlook now. >> okay. at the same time, you had to cut the dividend, the stock has not done well, the group has not done well. your stock is part of a group. at what point -- you've got some numbers in your release about how maybe there's not going to be as many ships being made, but...
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and china. abc7 news reporter alan wang has a preview. >> 8,000 tera cotta warriors have been unearthed, but this is the only general. >> i enjoyed looking at the faces. they are all different. >> tonight was the gala opening of the exhibit that coincides with the last public appearance before returning to china. he hopes the exhibit will strengthen u.s.-chinese relations and attract more american students to his country. >> how many people from the private sector are supporting these initiatives? >> only a few war yes, -- warriors are visiting the u.s. they were created by artists some 2,000 years ago after china's first emperor unified the seven waring states and requested a terra-cotta army for his afterlife. there are hundreds of archers, but only one with green paints on his face. historians believe he was a military specialist who could communicate with divine spirits. >> the other warriors are specialists that are for the future of the battle. >> if you went to china to see the actual dig
and china. abc7 news reporter alan wang has a preview. >> 8,000 tera cotta warriors have been unearthed, but this is the only general. >> i enjoyed looking at the faces. they are all different. >> tonight was the gala opening of the exhibit that coincides with the last public appearance before returning to china. he hopes the exhibit will strengthen u.s.-chinese relations and attract more american students to his country. >> how many people from the private sector are...
WHUT (Howard University Television)
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Feb 21, 2013
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WHUT
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the two sides are arguing over islands in the east china sea. japan controls the senkaku islands, china claims them. the reportish shud on u.s./japan relations ahead of the trip to washington by shinzo abe. they say they targeted radar on a japanese destroyer. the report says it is not clear whether chinese leaders or officers ordered the radar lock or if the radar operator made the decision. the u.s. officials have reaffirmed that the japan/u.s. security treaty covers the islands. the report says that could draw in the u.s. military in the event of a con fligt. >>> a new life-sized foundation in the u.s. has awarded $3 million in prizes to each of the 11 researchers including a japanese nobel laureate. the new award is worth twice the nobel prize. professor shinya yamanaka received the prize for his work in stem cells. the break through prize of life sciences was created to recognize research to treat hard to recognize diseases. mark zuckerberg launched the prize along with google's co founder and apple's chairman arthur levinson. they are call
the two sides are arguing over islands in the east china sea. japan controls the senkaku islands, china claims them. the reportish shud on u.s./japan relations ahead of the trip to washington by shinzo abe. they say they targeted radar on a japanese destroyer. the report says it is not clear whether chinese leaders or officers ordered the radar lock or if the radar operator made the decision. the u.s. officials have reaffirmed that the japan/u.s. security treaty covers the islands. the report...
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Feb 21, 2013
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KGO
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and china. abc7 news reporter alan wang has a preview. >> 8,000 8,000 tera cotta warris have been unearthed, but this is the onlyis general. >> i enjoyed looking at the faces. they are all different. >> tonight was the gala opening of the exhibit that coincides with the last public appearance before returning to china. he hopes the exhibit will strengthen u.s.-chinese relations and attract more american students to his country. >> how many people from the private sector are supporting these initiatives? >> only a few war yes, -- warriors are visiting the u.s. they were created by artists some 2,000 years ago after china's first emperor unified the seven waring states and requested a army terra-cotta ary for his afterlife. there are hundreds of archers, but only one with green paints on his face. historians believe he was a military specialist who could communicate with divine spirits. >> the other warriors are specialists that are for the future of the battle. >> if you went to china to see the
and china. abc7 news reporter alan wang has a preview. >> 8,000 8,000 tera cotta warris have been unearthed, but this is the onlyis general. >> i enjoyed looking at the faces. they are all different. >> tonight was the gala opening of the exhibit that coincides with the last public appearance before returning to china. he hopes the exhibit will strengthen u.s.-chinese relations and attract more american students to his country. >> how many people from the private sector...
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a 22year-old boy in china is recovvring today... in his mom's washing machine. the fire depprtment hhd to use a aw... to ree him.. the inncdent happeeee tuesday. to get the toddlee out... but - we're ttlddhe's doing o-k. &- childhood obesity is till it is oneeof theetopics we'll expo" this saturday attthe convention eeter one the kangaroo kids". here is kids". and joel d. smith is strraming now wwth ttem... competiiiin can be a part of getting yoor chiil more accive. good morning joel d. d. 3 3 & 3 the b-more healthy expo returns to baltimore... saturray, &pfebruary 3rd. 23rd.you can ggt health screeninns... seee3 stages of áliveá entertainmenn... a fit and fun kidd zone... and much much more.the b--orr healthy a massachusetts man makes the ultimate mancavee mancave.michael kozlowski hhs ...only usinggshovels and hii h. hands.but this time.. he's out donn himself.his latest v, a couch and a lamp thht doubles as a hand warmer. "it really brightens up the room, nd it's reallyyhot, o if you put your hand right &pmay think it's crazy but it's you''e older it's som
a 22year-old boy in china is recovvring today... in his mom's washing machine. the fire depprtment hhd to use a aw... to ree him.. the inncdent happeeee tuesday. to get the toddlee out... but - we're ttlddhe's doing o-k. &- childhood obesity is till it is oneeof theetopics we'll expo" this saturday attthe convention eeter one the kangaroo kids". here is kids". and joel d. smith is strraming now wwth ttem... competiiiin can be a part of getting yoor chiil more accive. good...
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Feb 21, 2013
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saying china could be better. that's flying in the face of what we have heard the last four week bess china. i regard that call as -- that will be the test, that will be the fulcrum name. can nike hold up in a day where i would have thought nike would be down a buck and a half? >> you mentioned walmart. fourth quarter earnings beating estimates staying there increase annual dividend to $1.88 a share but the company giving outlook falls short of expectations, citing higher payroll taxes and other current economic factors as head winds. they say the pace of tax refund check activity is picking up, normalizing sales but they say for the current quarter, eps will come in lower than expecting. >> i was worried when they reported last. said earnings are going to come in not as good as they thought. then ten cent better. walmart may be playing the game here, too. that said york understand -- walmart is very high. they have good dividends. squawk a good discussion what point is walmart cheap? wall smart great company but
saying china could be better. that's flying in the face of what we have heard the last four week bess china. i regard that call as -- that will be the test, that will be the fulcrum name. can nike hold up in a day where i would have thought nike would be down a buck and a half? >> you mentioned walmart. fourth quarter earnings beating estimates staying there increase annual dividend to $1.88 a share but the company giving outlook falls short of expectations, citing higher payroll taxes...
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next on "money" the cyber war on china heats up. new revelations that most washington institutions have been hacked a former top official with the nsa tells us how the united states could strike back. at the end of the day it all about money. ♪ we know all your investments may not be with fidelity, but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing felity. now get 200 free trades when you open an account. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's g
next on "money" the cyber war on china heats up. new revelations that most washington institutions have been hacked a former top official with the nsa tells us how the united states could strike back. at the end of the day it all about money. ♪ we know all your investments may not be with fidelity, but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights,...
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Feb 21, 2013
02/13
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espionage cited today involve china. victims included big corporate names like ford, dupont, general motors, cargo, dow chemical, boeing and motorola. and when it comes to cyber attacks, this week's revelation about unit 61398 of china's army, located in this nondescript building in shanghai, is only one example. >> this is just one part of what is a very robust military and intelligence chinese government effort to conduct espionage through the web, stealing intellectual property and then repurposing it to its companies in china to compete illegally against u.s. companies. >> reporter: why is china so aggressive? >> china needs to maintain a very high rate of economic development to keep their citizens happy, to keep their citizens willing to tolerate the kind of oppressive government they've got. >> reporter: president obama signed an executive order last week permitting intelligence agencies to share classified threat data with targeted companies. and calling for voluntary standards to protect vital sectors. banking,
espionage cited today involve china. victims included big corporate names like ford, dupont, general motors, cargo, dow chemical, boeing and motorola. and when it comes to cyber attacks, this week's revelation about unit 61398 of china's army, located in this nondescript building in shanghai, is only one example. >> this is just one part of what is a very robust military and intelligence chinese government effort to conduct espionage through the web, stealing intellectual property and...
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Feb 21, 2013
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. >> reporter: when a country like china dumps tires or other products on the u.s. market, it's pretty clear how to respond: raise tariffs and slap penalties on the producers. but how do you punish a chinese company that is suspected of receiving trade secrets through a government operation the government of china refuses to acknowledge? >> how you sanction a country with regards to cyber-espionage? i think we are still writing the book on that. it's a brand new area of exploration and i don't think policy makers really have the definitive word on how this will be accomplished. >> reporter: a new report says shanghai is home base for a massive chinese hacking effort that may involve thousands of people, but the u.s. and most other countries also employee secret armies of programmers engaged in some form of cyber- espionage. and that makes it harder to define a diplomatic solution to the problem. >> a lot of the most important military information in the world is on weapons systems that are developed by private corporations whether in this country or other countries
. >> reporter: when a country like china dumps tires or other products on the u.s. market, it's pretty clear how to respond: raise tariffs and slap penalties on the producers. but how do you punish a chinese company that is suspected of receiving trade secrets through a government operation the government of china refuses to acknowledge? >> how you sanction a country with regards to cyber-espionage? i think we are still writing the book on that. it's a brand new area of exploration...
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having higher energy prices in this country tends to exports economic activity psychiatrist such as china and india so the effects of overall effect on climate change will be very small so it actually could end up being counterproductive he mentioned china and india the government has said don't panic and fema if we're going to keep britain flight switched on and actually as countries like china are demanding more imports that's pushing the global prices higher so we're actually removing ourselves in the risk of way by you know looking towards renewable energy non-fossil fuel types of energy actually exposing the u.k. more to external risks for example imported gas is a lot more vulnerable to security recently imported coal it comes from potential flashpoint such as the persian gulf of course some u.s. states now enjoy electricity prices around a third the price in the u.k. gas prices around the fifth the price is put in british businesses that's a major competitive disadvantage that's a third a very controversial debate affecting millions of house of all across the and it looks like the
having higher energy prices in this country tends to exports economic activity psychiatrist such as china and india so the effects of overall effect on climate change will be very small so it actually could end up being counterproductive he mentioned china and india the government has said don't panic and fema if we're going to keep britain flight switched on and actually as countries like china are demanding more imports that's pushing the global prices higher so we're actually removing...
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Feb 21, 2013
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china is denying the accusations. recently the president signed a directive creating new standards to protect critical computer systems. and on wednesday attorney general eric holder announced a plan to combat cyber tleft, another threat with widespread impact. >> this type of crime can have significant impacts not only on our country's well-being but national security as well. it could endanger american lives, expose our energy, financial or other sensitive sectors to massive losses or make our infrastructure more vulnerable to attack. >> james falus has bryn the book on china, and he is a national correspondent for atlantic. mr. falus. >> thank you, chuck. >> let's start with what is it that china is doing here. why do they want to do all of these cyber attacks? is it a way to catch up on technology? >> i think it's a lot of different things. over the decades, there have been all sorts of allegation, and partly it's just random hackers, partly crooks looking to scam your e-mail account or mine. partly it's corporati
china is denying the accusations. recently the president signed a directive creating new standards to protect critical computer systems. and on wednesday attorney general eric holder announced a plan to combat cyber tleft, another threat with widespread impact. >> this type of crime can have significant impacts not only on our country's well-being but national security as well. it could endanger american lives, expose our energy, financial or other sensitive sectors to massive losses or...
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they say many of the attacks come from the u.s. >> translator: china has also been targeted by hackers. it's irresponsible and unprofessional to make groundless accusations. it does not help in resolving the hacking issue. >> now our enemies are also seeking the ability to sabotage our power grid. >> reporter: u.s. president barack obama issued an executive order to protect u.s. infrastructure. he and other leaders have raised most of their concerns with the chinese in private. the report can serve as a more public warning to beijing. >>> sony will launch a video game console with brand new features later this year. they hope the first new model in seven years will revitalize the sluggish sales of game consoles. smart phones and tablets are dominating the market for games. >> this is the foundation of ou >> sononononononononononononono new model will hit the market in time for the year end holiday season. the new controller has a touch pad for easy operation. the adoption of cloud technology enables users to play online. users can also download game software to smart phones and tablets
they say many of the attacks come from the u.s. >> translator: china has also been targeted by hackers. it's irresponsible and unprofessional to make groundless accusations. it does not help in resolving the hacking issue. >> now our enemies are also seeking the ability to sabotage our power grid. >> reporter: u.s. president barack obama issued an executive order to protect u.s. infrastructure. he and other leaders have raised most of their concerns with the chinese in...
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foxconn is freezing hiring at its china factories. following china's lunar new year holiday, many foxconn employees have returned to work, something the company did not anticipate. many workers remain at home during the holiday break, and factories typically face a worker shortage. no word on when the freeze will end. it's official: office depot has agreed to buy officemax in an all stock deal worth $1.2 billion. it's something that has been rumoured for years as the number two and three chains struggle with declining revenue at retail stores and intensifying competition from staples. following the merger, office depot and officemax will close stores, save on advertising and streamline supply chain efforts. a redesign at yahoo.com: new ceo marissa mayer is putting her stamp on the company with a new look for its home page. it includes content that users may customize and a simpler, streamlined design. yahoo has seen the loss of revenues, and users leaving for competitors, for several years. the main aim of the new design, the first in
foxconn is freezing hiring at its china factories. following china's lunar new year holiday, many foxconn employees have returned to work, something the company did not anticipate. many workers remain at home during the holiday break, and factories typically face a worker shortage. no word on when the freeze will end. it's official: office depot has agreed to buy officemax in an all stock deal worth $1.2 billion. it's something that has been rumoured for years as the number two and three chains...
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Feb 21, 2013
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the administration tiptoed over whether china was responsible for these cyber attacks. >> i think they are signaling to the rest of the world but we are more willing to not only publicly embarrass those regimes but the use hard and soft power. >> what did you say could be done to protect u.s. computer systems? >> we recommend a number of things, first to modernize authority for criminal penalties as well as to regulate statutes, to improve the way they protect data. many have taken a lackadaisical approach to securing them, over relying on things to protect themselves. >> are those vulnerable? >> every system is vulnerable. they said there are those of us who know they have been hit and those who do not know. there are only two types, and we need to understand there is a multiplicity of factors. it is a free fire zone, and nations to not control the lawlessness. >> what is the worst-case scenario? what are we talking about, the stock exchange going down? >> it is about manipulating the integrity of data to make the data in comprehensible or unreliable to critical infrastructure, whethe
the administration tiptoed over whether china was responsible for these cyber attacks. >> i think they are signaling to the rest of the world but we are more willing to not only publicly embarrass those regimes but the use hard and soft power. >> what did you say could be done to protect u.s. computer systems? >> we recommend a number of things, first to modernize authority for criminal penalties as well as to regulate statutes, to improve the way they protect data. many have...
WHUT (Howard University Television)
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the cultural revolution itself is still somewhat of a taboo subject in china. this case has prompted, as you say, online debate, lots of people asking why as few officials were held to account after that very traumatic. in chinese history. this single octogenarian, finding himself on trial. >> a former united states democratic congressman, jesse jackson jr., has pled guilty to misusing about $750,000 of campaign money to fund a lavish lifestyle. he is the son of the famous civil rights leader. top stories this hour -- oscar pistorius fights for bail for a third day, but his sponsors say they are suspending the contract with him. the british government says that some of their 10 billion pound a budget could be diverted to peacekeeping and other defense related projects. with a stagnating economy, high unemployment, widespread corruption, gender inequality, the next leader italy has a long and challenging to do list. the results of the general election are being watched closely throughout europe. italy has the third largest economy of the eurozone and a political
the cultural revolution itself is still somewhat of a taboo subject in china. this case has prompted, as you say, online debate, lots of people asking why as few officials were held to account after that very traumatic. in chinese history. this single octogenarian, finding himself on trial. >> a former united states democratic congressman, jesse jackson jr., has pled guilty to misusing about $750,000 of campaign money to fund a lavish lifestyle. he is the son of the famous civil rights...
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Feb 21, 2013
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and china understanding that, is already investing more than we do there. four of the five biggest oil and gas natural discoveries happened off the coast of mozambique last year. developing economies are the epicenters of brokers and their open for business. and the united states needs to be at that table it. if we want a new list of assistance graduates, countries that used to receive aid from us, we cannot shy away from telling this story to the american people, to your members of congress, and to the world. let me emphasize, jobs and trade are not the whole story and nor should they be. the good work of the state department and usaid is measured not only in the value of the dollar, it's also measured in our deepest values. we got your security and stability in other parts of the world, knowing that failed states are among our greatest security perhaps and the new partners are our greatest assets. the investments that we make support our efforts to counter terrorism and violent extremism wherever it flourishes. we will continue to help countries provide t
and china understanding that, is already investing more than we do there. four of the five biggest oil and gas natural discoveries happened off the coast of mozambique last year. developing economies are the epicenters of brokers and their open for business. and the united states needs to be at that table it. if we want a new list of assistance graduates, countries that used to receive aid from us, we cannot shy away from telling this story to the american people, to your members of congress,...